Start Date
5-4-2018 11:15 AM
End Date
5-4-2018 12:00 PM
Description
The Romanian system of property taxation has been changed since the enforcement of the new Romanian Fiscal Code, in 2016. This is a recognition of the importance of property taxes in funding and increasing financial autonomy of local authorities. Still, there have been and still are many issues to be addressed. The presentation will explain the old and the new property taxation system in force in Romania, the challenges to be taken, the weak points and the strong ones, the influence on local revenues, the political challenges, and future options of development.
Publication Date
April 2018
Recommended Citation
Spiridon, Michaela, "The development of the property taxation system in Romania" (2018). International Research Symposium. 7.
https://researchexchange.iaao.org/irs/irs18/sessions/7
The development of the property taxation system in Romania
The Romanian system of property taxation has been changed since the enforcement of the new Romanian Fiscal Code, in 2016. This is a recognition of the importance of property taxes in funding and increasing financial autonomy of local authorities. Still, there have been and still are many issues to be addressed. The presentation will explain the old and the new property taxation system in force in Romania, the challenges to be taken, the weak points and the strong ones, the influence on local revenues, the political challenges, and future options of development.